Daily Notes 27-03-2024
Developments
Ethena Announces ENA Token Airdrop Starting April 2nd
Ethena’s native token, ENA, will be available to claim from April 2nd with a 30 day claim window. 750 million ENA (5% of ENA’S 15 billion supply) will be airdropped to users.
Coinbase to Increase USDC Storage on Base
Coinbase is going to store “more corporate and customer USDC balances on Base”
Altlayer Introduces Token Staking with MACH Alpha Launch
Altlayer launched token staking for their native token, ALT. This is the first step in the “phased rollout of MACH Alpha: a fast finality layer built atop EigenLayer’s restaking mechanism”.
Dusk Network Establishes Ecosystem Fund with 15 Million DUSK
Dusk announced The Dusk Ecosystem Fund which has allocated 15 million DUSK (~$10 million) to “attract and support teams, and create a sustainable, thriving and well-rounded ecosystem”.
Ondo Finance Moves to Blackrock’s Tokenized Fund for 24/7 OUSG Transactions
Ondo Finance will be launching instant investments and redemptions for OUSG (token with exposure to short-term US Treasuries) 24/7/365.
Munchables Hacker Returns $97 Million to Blast Core Contributors
The Munchables hacker returned all $97 million of stolen funds to a Blast core contributors multisig.
Fireblocks and Figment to Offer ETH Restaking via Eigenlayer
Fireblocks, a custody firm, in partnership with Figment will bring ETH restaking through Eigenlayer to its customers.
Base Set to Boost Target Throughput by 50%
Base will be increasing target throughput by 50% today.
Fjord Foundry Announces Liquidity Bootstrap Pools on Solana
Fjord Foundry to launch liquidity bootstrap pools on Solana.
Lido’s wstETH Now Available on Scroll
Lido’s wstETH is live on Scroll.
Velodrome Expands to Mode, a DeFi-Optimized Layer 2
Velodrome will be expanding to Mode, a DeFi optimised Layer 2.
Backpack Exchange Launches Mobile App Public Beta
Backpack Exchange’s mobile app public beta is live.
Illuvium Unveils 2024 Roadmap
Illuvium published their 2024 roadmap
Azuki Powers New Animechain with Arbitrum Orbit
Azuki launches Animechain powered by the Arbitrum Orbit.
Trending Assets
Below $100M MC by performance, on chain
MOE (Merchant Moe on Mantle, related to Trader Joe) had a good day, is up by 59.70%.
Above $100M MC by performance, on chain
ETHFI has grown by 37.85%, AEVO by 27.57%, and GFI by 21.3%.
Above $1B MC by performance, on chain
MNT had a great day, is up by 32.89%. RBN has risen by 5.07%, and ONDO by 4.53%.
Trading Volumes
MNT, MKR, ONDO, RBN and ETHFI dominated on-chain volumes.
TVL
TVL Above $10M
Over the past day:
RenVM, inter-blockchain liquidity, TVL grew by 98.98%.
Toucan Protocol, carbon credits on Polygon, TVL grew by 46.40%.
SquadSwap V2, DEX on BNB chain, TVL grew by 45.82%.
Fees
Base fees earned are up by 76.88%, Aerodrome fees earned are up by 102.75%, and Gains Network fees earned are up by 143.38%.
Disclaimer:
The information and services above are not intended to and shall not be used as investment advice.
You should consult with financial advisors before acting on any of the information and services. ASXN and ASXN staff are not investment advisors, do not represent or advise clients in any matter and are not bound by the professional responsibilities and duties of a financial advisor.
Nothing in the information and service, nor any receipt or use of such information or services, shall be construed or relied on as advertising or soliciting to provide any financial services.